August 17, 2018 @ 10:46 pm By Samantha Hurst  |  

Securrency, a regtech firm that has created a platform designed to streamline regulatory compliance for token offerings, announced this week its intention to secure a license to operate a crypto-asset business with strategic partners under the  Abu Dhabi Global Market (ADGM) crypto regulatory framework. The… Read More

August 17, 2018 @ 10:11 pm By Samantha Hurst  |  

Vertalo, a stakeholder registry and compliance platform for regulated security token offerings, announced on Friday it has formed a partnership with security token platform Polymath. According to Vertalo, the new collaboration will allow broker-dealers and issuers to offer state-of-the-art compliant tokens, as well as maintain a registry of… Read More

August 17, 2018 @ 3:45 pm By Samantha Hurst  |  

The ICON Foundation, a decentralized network of blockchain communities, announced on Friday its sponsorship of a new accelerator program called ICX Station. According to ICON, ICX Station is designed to expand the power of the underlying ICON infrastructure, which is a scalable interoperable blockchain, as well as provide… Read More

August 17, 2018 @ 1:45 pm By Samantha Hurst  |  

China Rapid Finance Limited (NYSE: XRF), one of China’s largest consumer lending marketplaces, announced earlier this week the launch of its new share repurchase program, which allows the lender to authorized the repurchase of its ordinary shares in the form of American depositary shares with an aggregate… Read More

August 17, 2018 @ 11:36 am By Samantha Hurst  |  

BlockEx announced on Friday inventors and intellectual property lawyers are now able to purchase LOCI’s LOCIcoin utility token directly in traditional fiat currency for the first time through its digital asset exchange platform. Founded in 2016, LOCI stated it is on a mission to change… Read More

August 17, 2018 @ 10:28 am By Samantha Hurst  |  

On Thursday, Ripple announced it has added three new exchange partners to its cross-border payments product, xRapid. According to Ripple, xRapid is powered by XRP and the partners allow xRapid payments to move from one currency (into XRP) and back into another currency quickly and efficiently. The exchanges added… Read More

August 17, 2018 @ 9:44 am By Samantha Hurst  |  

CreditEase FinTech Investment Fund (CEFIF), the U.S.-based Fintech Fund of the Chinese fintech CreditEase, reportedly co-lead in the recent seed funding round of fintech gamification app Blast. Launched earlier this year, Blast, which was  Acorns founder and Chairman, Walter Cruttenden, was designed to help gamers save… Read More

August 17, 2018 @ 8:57 am By Samantha Hurst  |  

Biz2Credit recently announced the results of its latest small business lending index, which revealed that small business loan approval rates for big banks reached another high point in July 2018. The index notably examines more than 1,000 credit applications made by small businesses through Biz2Credit’s online lending platform. According… Read More

August 16, 2018 @ 10:36 pm By Samantha Hurst  |  

Because Learning, a U.S.-based learning platform specifically focused on STEM skills, is now seeking funds through Indiegogo/Microventure’s equity crowdfunding platform. Founded in 2014, Because Learning, which was previously known as Ardusat, is on a mission to inspire students in the STEM field, which are science, technology,… Read More

August 16, 2018 @ 10:12 pm By Samantha Hurst  |  

VITL, a UK-based personalized nutrition platform, is set to close its equity crowdfunding campaign on Crowdcube with nearly 950,000 from more than 350 investors. The funding round was launched last month, originally seeking 400,000. Founded in 2015, VITL was created to deliver personalized vitamin packs tailored… Read More

August 16, 2018 @ 2:00 pm By Samantha Hurst  |  

Digital challenger bank Starling Bank announced on Thursday the launch of its first personal products. This news comes just after Starling Bank launched its Banking-as-a-Platform APIs to allow businesses to offer their own unique retail banking payments services, including card issuing as an API. According… Read More

August 16, 2018 @ 12:00 pm By Samantha Hurst  |  

Deposit Solutions, a Germany-based opening banking and international platform for savings deposits, announced on Wednesday it secured $100 million through its latest investment round, which was led by Vitruvian Partners with participation from Kinnevik and existing shareholders including Deposit Solutions‘ first institutional shareholder e.ventures. The funds reportedly bring… Read More

August 16, 2018 @ 10:13 am By Samantha Hurst  |  

Crypto marketplace Coinbase announced on Wednesday Ethereum network browser Toshi is becoming Coinbase Wallet. Toshi was notably developed by the Coinbase team just a little over a  year ago and when it launched, Toshi featured what Coinbase claims to be the world’s first mobile decentralized application (dapp) browser…. Read More

August 16, 2018 @ 9:35 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform CRYPTO.com announced on Thursday three key hires to its leadership team. The digital currency portal reported that Adrienne Wong was appointed as Senior Vice President of Head of Product, Cerulean Hu was named Lead Blockchain Engineer, and Ivan Stefanovas was appointed Senior Vice… Read More

August 16, 2018 @ 9:17 am By Samantha Hurst  |  

Wyre, a U.S.-based money transfer service, announced this week it has entered into an account transfer agreement for the sale of its retail money transfer business to money transfer firm, WorldFirst. This news comes just after Wyre announced its API was being extended to dapps… Read More

August 16, 2018 @ 8:27 am By Samantha Hurst  |  

On Thursday, regtech company iComply Investor Services announced it is launching its public beta following the closure of a seven-figure seed round that was covered by Coindesk earlier this week. The company reported that its software combines KYC, AML, blockchain forensics, source of funds reporting, secondary trade… Read More

August 15, 2018 @ 3:59 pm By Samantha Hurst  |  

Tuk Tuk Chai, a UK-based ready to drink beverage startup, quickly surpassed its initial £150,000 funding target within 24 hours through its equity crowdfunding campaign on Crowdcube. Founded in 2015, Tuk Tuk states that its beverages described as an infusion of black tea, whole spices and milk… Read More

August 15, 2018 @ 3:25 pm By Samantha Hurst  |  

Payment process platform Square announced this week it has updated its Square Reader for contactless and chip and Square Register will now process chip cards in just two seconds (previously 3.6 seconds) without the requirement of a signature. While sharing more details about the update, Jesse Dorogusker, Head of Hardware… Read More

August 15, 2018 @ 2:23 pm By Samantha Hurst  |  

Online lender Prosper announced earlier this week the release of its 2018 second quarter results. According to Prosper, year-over-year loan originations increased 12% to $867 million, Net Loss decreased 70% to ($12.6) million and Adjusted EBITDA has also increased 31% to $8.8 million. Highlights of the… Read More

August 15, 2018 @ 1:28 pm By Samantha Hurst  |  

Blockchain technology firm Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) announced on Wednesday the launch of its new blockchain and cryptocurrency investment subsidiary company in Malta. Fineqia reported that it established in Malta in order to hold its growing portfolio of blockchain, fintech, and cryptocurrency… Read More